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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CBurnett who wrote (94312)5/15/2008 11:14:50 PM
From: bart13  Respond to of 110194
 
Only the head & shoulders TA tool is showing a dollar target of zero, and its nowhere near 100% reliable.

My personal initial target is around .60, with an overshoot as low as .54. I doubt seriously that it'll go to zero... and as it gets closer to .60, I may change my target.

The most likely long term scenario that would include the dollar going to zero would either be the Amero (the combo of the USD, Canadian dollar and Mexican peso) or an actual global "one world" currency like Robert Mundell's Intor... and in both cases the dollar would disappear and be worth zero, but could be swapped at whatever exchange rate is established.